A Merseyside-based logistics operator that traded out of two operating centres entered administration after its floating charge holder grew concerned about recovering its outstanding liability. Optimum Logistics ceased trading in November 2022 d…
Spanish road freight transport start-up Trucksters registered a record €30m (£26.5m) annual revenue in 2022, a 300% rise on 2021. The company, which expanded its service into the UK last year, uses a relay model […]
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The RHA has slammed the government’s decision to cut support to businesses through the Energy Bill Relief Scheme (EBRS) which it says will hit hauliers hard. The criticism follows Chancellor Jeremy Hunt’s announcement yesterday (9 […]
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It is no secret the haulage sector is facing an uphill battle; recent Office for National Statistics estimates show that one in five transport businesses have run out of cash amid the current economic climate. […]
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Manchester-based freight forwarder and ADR transport specialist Ital Logistics has undergone a management buyout. The deal sees the management team buy a 75% shareholding in the business for an undisclosed sum. The sale to Ital […]
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The administrator of a Herts-based TV and film transport company said creditors would now receive some of their money back after it was able to sell off plant and machinery for more money than expected. […]
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Parcel, freight and secure courier specialist DX Group is investing £3.6m into upgrading its existing depot network. The £3.6m programme is part of DX Group’s wider growth plans and is expected to be completed by early July 2023. In the DX Freig…
Zenith reported “strong income growth” in its second quarter financial results, despite a challenging economic environment for the fleet management and leasing firm. Turnover for the three months ending 30 September increased by 24.3% to £161m c…
The government has announced an investment of up to £100m to improve roadside facilities for HGV drivers. From today (24 November), truck-stop and road service operators can bid for a share of the government’s £32.5m match-funding pot. This is i…
A Stoke-on-Trent haulage boss and five other defendants have been found guilty of running a large-scale money laundering operation involving up to £150m in cash. Disqualified director Marcus Hughes was convicted of conspiracy to launder cash at …
The Association of Fleet Professionals (AFP) is freezing its membership and training fees for at least a year in the face of high inflation, rising taxes and sluggish growth. Paul Hollick (pictured), chair at the industry body, said that there w…
Royal Mail is seeking permission from the government to stop making letter deliveries on Saturdays as it tries to reverse its multi-million pound losses in the first half of the year. Its non-executive chair, Keith Williams, said “urgent reform”…
Malcolm Group saw its turnover increase “substantially” in 2021 as the economy emerged from the Covid-19 pandemic restrictions, with pre-tax profit surging by a fifth. However despite seeing activity levels boosted in the first six months of thi…
Ahead of next Thursday’s Autumn Statement, the RHA is calling on Chancellor Jeremy Hunt to introduce a fuel duty rebate for HGVs of at least 15p per litre to help bring down prices. The RHA is also urging the government to extend the Energy…